News / Awards

Ovo wins national award for expansion

By Laura Collacott  Monday Nov 21, 2016

OVO Energy has been named the winner of the Smith & Williamson Scale-up Business of the Year at the 2016 Lloyds Bank National Business Awards.

New for 2016, the award recognises a market leading increase in sales, headcount, profitability, market share or geographical expansion over the last three years.

Guy Rigby, head of entrepreneurial services at Smith & Williamson, the award’s sponsor, said: “OVO Energy is an outstanding example of a high growth business that has broken into an established market and used innovation to acquire hundreds of thousands of customers and significant revenues. Headquartered in Bristol, the company is creating jobs and wealth, with strong staff and customer engagement. It demonstrates all the attributes of a sustainable and purposeful disruptor.”

Ovo’s chief financial officer Chris Houghton commented: “We have a great belief in what we’re doing, and whilst there’s success in that, it’s always great to be recognised by your peers, so it’s a very special night for us.”

Main image – Guy Rigby (L) and Chris Houghton (R)

 

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Better Business is an initiative launched by Bristol24/7 to help businesses thrive, whilst creating a positive impact on Bristol and the people who live here.

Read more: 9 of Bristol’s coolest offices

 

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